The main intraday target is the closest support at 1.3300 - 1.3266. A pullback from this area could be a starting point for...
Tag - gbp
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new cross of Tenkan-sen and Kijun-sen
It's likely that the 34 Moving Average is going to act as resistance. If so, there'll be a green light for another decline...
There is one thing that nobody tells newbie traders at the very beginning of their Forex career: it is not necessary to trade only the major currency pairs in order to get more profit…
The pound is highly volatile after a Brexit referendum. Have a look what other factors affect the UK currency. And get clues on future movements of GBP.
Recommendation: BUY 0…
It's likely that the 34 Moving Average is going to act as resistance. If so, bears will probably try to deliver another decline...
GBP/JPY broke key support level 147…
It seems the GBP/CAD looks forward to resume the bearish bias in the short-term, as it has been correcting the cycle started from May 18th and now, we can expect another leg higher to re-test the Fibonacci level of 50% at 1…
This is Forex trading plan for Thursday, May 24…
We should keep an eye on the nearest support at 1.3300 - 1.3266 as the next bearish target...
On the daily chart, GBP/USD keeps correcting to the long-term uptrend. Bulls tried to return the pair inside the previous consolidation range of 1.3455-1.3615.